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Jul 29, 2011
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it says that, imagine that we're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a better idea. our debt is $14 trillion. let's come up with a new plan to spend $14 trillion, then rescind it the next day and let's save $14 trillion. this stuff is fiscal fantasy. you can't make this stuff up, mr. speaker. suggesting that we're going to be in a war at these levels for 10 more years when everybody knows we've already decided not to do that, that does not get us $1.3 trillion in spending cuts. only in washington can you add up math like that. we need real spending cuts. i yield myself an additional minute to say, this is getting serious,r. speaker. very serious. we can't ke
it says that, imagine that we're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a...
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Jul 1, 2011
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i spent some time in afghanistan. i am hopeful that either one of you will test us here at not acknowledge that bribes have been an essential part of us doing business in afghanistan, regardless of what we are doing. what can you tell the committee about bribes in the bribes that have been paid at various places and levels, whether it is under the aegis of security or other services that are needed by local folks that are used to getting their piece of the pie? >> i can tell you, we do not have any part of that whatsoever. we have a very strict company policy against bribes, and we'd just do not participate in that. on several locations, it costs us delays. we have had to suffer because we did not agree to play that game. but we really do not. >> mr. walker? >> we have seen no evidence of our security personnel providing bribes. the casualties that we're taking would indicate that that is not something that we sponsor or that our security provides. >> i assume as the security costs went way up, the casualties went dow
i spent some time in afghanistan. i am hopeful that either one of you will test us here at not acknowledge that bribes have been an essential part of us doing business in afghanistan, regardless of what we are doing. what can you tell the committee about bribes in the bribes that have been paid at various places and levels, whether it is under the aegis of security or other services that are needed by local folks that are used to getting their piece of the pie? >> i can tell you, we do...
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Jul 27, 2011
07/11
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the cost of the war in iraq and afghanistan. it this far outpaces anything. just the war costs in the tax cuts alone, what day account for are the debt. the way you get out of this debt is to pile all of this burden on middle income families and senior citizens. they're the most vulnerable. it is just plain wrong. this is outrageous. ..will close with this bi the house of riverses appears to be here. president obama has put a lot on the table. he put some that makes me very uncomfortable. he has gone the extra mile by any objective analysis. we're close to this deadline. these are something that does not recommend a conference bridge a compromise. it was right off a cliff ticket we should not be doing this. we should be finding ways to come together. let's move on. i regret that we are here. we do not even know what the you're going to bring to the floor. i've never experienced a thing like this before. i regret that we are here. i thank you very much for being here. i wish your counterpart were here. >> thank you. >> thank you very much. how many hearings ha
the cost of the war in iraq and afghanistan. it this far outpaces anything. just the war costs in the tax cuts alone, what day account for are the debt. the way you get out of this debt is to pile all of this burden on middle income families and senior citizens. they're the most vulnerable. it is just plain wrong. this is outrageous. ..will close with this bi the house of riverses appears to be here. president obama has put a lot on the table. he put some that makes me very uncomfortable. he...
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Jul 27, 2011
07/11
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we have to remember these young men in afghanistan, and to a lesser extent in iraq, but in afghanistan, they're agrarian, so when the planting and harvesting seasons come and go, the attrition rates wax and wane accordingly. the general in charge of our iranian training monitors the situation. i don't have the number, but it's in the number of 10,000 and growing in the literacy rate, the soldiers we've accrued learning english. you can develop it, and it's a little more challenging to develop the leaders to lead them. >> if you could get to my office maybe kind of what you see those trend lines look like over the last several years and where we're going in literacy atta attainment within our security force that afghanistan has, as well as the retention rate? can you do that? >> yes. the last time i touched them, the trend line on attrition was testing positive, which means we were gaining control of it. the trend line on literacy training was also training positive, but it's a very -- you know, that is a -- an enormous slope to climb for all the reasons you suggested. but both trends a
we have to remember these young men in afghanistan, and to a lesser extent in iraq, but in afghanistan, they're agrarian, so when the planting and harvesting seasons come and go, the attrition rates wax and wane accordingly. the general in charge of our iranian training monitors the situation. i don't have the number, but it's in the number of 10,000 and growing in the literacy rate, the soldiers we've accrued learning english. you can develop it, and it's a little more challenging to develop...
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Jul 29, 2011
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right now we borrow $10 billion every month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and inastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recogn
right now we borrow $10 billion every month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was...
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Jul 12, 2011
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i got some cost-benefit analysis on infrastructure in afghanistan and some of the other things that they are for. i think it is a reasonable thing to do. as long as the cost includes, of course, the financial crisis of -- and the lost revenue and jobs and turmoil. that's the cost. the cost is the terrible crisis we had. although -- i notice that alan sloan has come out with a thorough analysis that is going to be printed in "fortune" about how much money we made over the intervention, the combination of the tarp and the federal reserve and made about $100 billion for the federal government. >> [inaudible] just as a related question, you talked about the bailout being over. if -- are we really to believe that -- >> i will not comment on any financial institution. you get to be chairman or you're a ranking member and you have more nevertheless but you have got to shut up some. my first couple of weeks, i talked like a normal person. here i am affecting the market. so obviously i don't want to talk about citi. i will say this. the reason i say bailout is this. if you mean the kind of interv
i got some cost-benefit analysis on infrastructure in afghanistan and some of the other things that they are for. i think it is a reasonable thing to do. as long as the cost includes, of course, the financial crisis of -- and the lost revenue and jobs and turmoil. that's the cost. the cost is the terrible crisis we had. although -- i notice that alan sloan has come out with a thorough analysis that is going to be printed in "fortune" about how much money we made over the intervention,...
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Jul 26, 2011
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion for the w is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trlion. and another thing that's scored in tt, since that $1 trillion in war costs is scored the wa
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion...
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Jul 19, 2011
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we are borrowing $10 billion a month for afghanistan. and yet we're saying we're going to balance the budget by going after poor people, senior citizens, by going after pell grants. people talk about jobs. you have to invest to create jobs. you cut these programs and it is hard to be competitive in these economies. when you cut money for education and transportation infrastructure, it becomes more difficult to become competitive. we need to be smart about this. this approach of exempting corporate welfare, to me, is egregious. let me finally say this, and that is, i will end as i began here, i thought we would be coming back talking about how we're getting closer. and this bill, the best i can -- i hope this is just bad political theater -- but this bill is a sharp right turn. it moves us further away from where i thought we were getting . i hope it does not delay our ability to come to some sort of an agreement between the congressional leadership and the white house. i hope this is not something that further fuels this notion that some
we are borrowing $10 billion a month for afghanistan. and yet we're saying we're going to balance the budget by going after poor people, senior citizens, by going after pell grants. people talk about jobs. you have to invest to create jobs. you cut these programs and it is hard to be competitive in these economies. when you cut money for education and transportation infrastructure, it becomes more difficult to become competitive. we need to be smart about this. this approach of exempting...
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Jul 20, 2011
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. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge them. foreclosure. that sort of thing going on. this has been a politically embarrassing process of writing wrongs done against members of the military in active duty. host: gym as white as a deployed serviceman and against paying his mortgage -- jim asked why a deployed servicemen against paying his mortgage? guest: he is not exempt against paying his mortgage. is exempt against being foreclosed on. as it has been explained to me, a service member might be in the field for a week or two and have virtually no contact with the
. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge...
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Jul 22, 2011
07/11
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over the entire decade, the cost of afghanistan and iraq wars is about $1.3 trillion. and that is a lot of money. again, that's over ten years, over a decade. this year alone, the deficit is expected to be $1.4 trillion. the deficit this year will be larger than the cost of the iraq and afghanistan wars over ten years. the driving force behind our deficit is not the wars in iraq and afghanistan. it's just not. war costs represent only 4% of total outlays over the last ten years. the total amount of money spent since president obama took office is $8.5 trillion. by the end of his first three years in office, we will have added $5 interest to our gross federal deficit. these are stunning numbers. bush had a widely criticized $450 billion deficit. since president obama has been in ofsz the deficits -- in office the deficit looks like it will be $1.5 trillion. we are borrowing too close to half of what we're spending every single day. in the last few years, discretionary spending, non-defense discretionary spending in the last two years increased 24%. 12% a year on average
over the entire decade, the cost of afghanistan and iraq wars is about $1.3 trillion. and that is a lot of money. again, that's over ten years, over a decade. this year alone, the deficit is expected to be $1.4 trillion. the deficit this year will be larger than the cost of the iraq and afghanistan wars over ten years. the driving force behind our deficit is not the wars in iraq and afghanistan. it's just not. war costs represent only 4% of total outlays over the last ten years. the total...
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Jul 28, 2011
07/11
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everybody knows that we are winding down the war in afghanistan and iraq. so, here we are six days away, six days waerbgs and we -- six days away, and we still have members of congress saying we have to pass a balanced budget amendment to the constitution. we have members on the other side who are saying that we have to raise taxes. we have a president of the united states who so far has refused to come forward with a detailed plan of his own. that's called leading from behind. it's time, it's time we listened to the markets. it's time we listened to our constituents. but most of all, it's time we listened to the american people and sit down and seriously negotiate something before we face a situation where we are depriving the american people of the fundamental right of having a government that doesn't deprive them the essential services, goods and entitlements which they have earned.objectio. cork coirkd objection. mr. corker: madam president, i'm here today with a sense of optimism. i know that all of us are very concerned about what's happening in our c
everybody knows that we are winding down the war in afghanistan and iraq. so, here we are six days away, six days waerbgs and we -- six days away, and we still have members of congress saying we have to pass a balanced budget amendment to the constitution. we have members on the other side who are saying that we have to raise taxes. we have a president of the united states who so far has refused to come forward with a detailed plan of his own. that's called leading from behind. it's time, it's...